Saturday, September 29, 2018

LEARNING in economics




 ECONOMIC lessons taught me how people behave in different situations. It taught me to consider all available alternatives. Every decision is about the best choice given the proper understanding of cost not just the price. It also taught me that information and knowledge are expensive., maximize lifetime happiness., how to make decisions in life etc. It offers a tool with which to approach questions about the desirability in particular which has the insight life., So that anyone can apply to their daily life. Economics help us not on;y  to predict the future but it does see the world more clearly.

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